Thursday, May 12, 2016

May 12, 2016 - Indian unicorns grappling with leadership challenges, but are unwilling to bring in professional CEOs: Ex-Flipkart executive Punit Soni

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
While business leaders like Richard Branson and Elon Musk have taken to social media like a duck takes to water, others have not been so successful. Many CEOs still consider it a waste of time, others just don't feel comfortable being themselves online. This article argues that one of the best uses of social media for business leaders is when managing a reputation crisis. People love hearing directly from the CEO, but it should be often and in a way that seems natural, not like a press release. A credible social media voice from the top can also attract talent and customers. And today, we launch our very own social network, focused on news and knowledge - taggit! It's the home for the freshest stories from around the world. Check it out here. Let us know what you think, by emailing us at info@tradebriefs.com - Comment


Digital
Indian unicorns grappling with leadership challenges, but are unwilling to bring in professional CEOs: Ex-Flipkart executive Punit Soni
Indian unicorns grappling with  leadership challenges, but are unwilling to bring in professional CEOs: Ex-Flipkart executive Punit Soni - News
Indian unicorns are grappling with leadership challenges but are unwilling to bring professional chief executives on board.


taggit

 


Digital
Mapping law won't hurt tech firms, but cos like Google will have to depict maps correctly: MoS Kiren Rijiju
Mapping law won't hurt tech  firms, but cos like Google will have to depict maps correctly: MoS Kiren Rijiju
Firms like Google will have to make sure Indias maps show Arunachal Pradesh and Jammu and Kashmir correctly, Minister of State for Home, Kiren Rijiju told ET.


Digital
SoftBank lauds India portfolio in its earnings call; Housing.com missing in action
SoftBank lauds  India portfolio in its earnings call; Housing.com missing in action
Japanese telecom and internet conglomerate SoftBank Group Corp has praised the performance of some of its portfolio companies in India while announcing its annual results for 2015-16 but remained silent on the troubled property portal Housing.com. While announcing the group's earnings fo


Outlook Business Smart Enterprise 2016 - May 17, Hotel St. Regis, Mumbai

A unique one-day event that will bring together all stakeholders on a single platform to deliberate over how India can harness the true potential of its SMEs. Register Now

Digital
SaaS firm FarEye to raise Rs 35-40 crore from SAIF Partners
Both SAIF and Sequoia Capital were vying to invest in the firm


Digital
Destination discovery portal Holidify’s second co-founder Kovid Kapoor quits
Destination discovery portal  Holidify’s second co-founder Kovid Kapoor quits
Destination discovery portal Holidify's second co-founder Kovid Kapoor has left the startup barely a few weeks after its other co-founder, and CEO, Rohit Shroff quit the struggling startup. Confirming the development, Kapoor told Techcircle.in that he has joined music streaming firm Saav


Digital
Housing ropes in former Amazon exec Ashish Laghate for its product team
Housing ropes  in former Amazon exec Ashish Laghate for its product team
Housing.com has hired former Amazon and Time Magazine executive Ashish Laghate to work on its product team as part of the companys strategy to strengthen its top management.


Retail
Global retailers bullish on growth prospects in India
Swedish fashion brand H&M and retail giant Wal-Mart are upbeat about the opportunities on offer in the market

Retail
AC, refrigerator sales hit 5-year high in March, signal return of discretionary spending
While airconditioner sales rose 59% in March with all top brands reporting record double-digit growth, refrigerator sales were up by more than 20%.

Retail
E-commerce, technology startups to dominate hiring landscape: TeamLease report
E-commerce,  technology startups to dominate hiring landscape: TeamLease report - Economic Times
According to the TeamLease Employment Outlook Report, the increase in consumer spending and the renewed focus on market expansion will have a positive impact on hiring.

Retail
Nokia bets on India's e-commerce sector to grow analytics, applications business
Nokia bets on India's  e-commerce sector to grow analytics, applications business - Economic Times
The former handset maker is also building an IoT centre of excellence in Bengaluru, spending $10-30 million on the facility.


Telecom
Call drops: Supreme Court strikes down Trai penalty on telecom firms
Call drops:  Supreme Court strikes down Trai penalty on telecom firms - Livemint
After receiving complaints about billing charges on international SIM cards and global calling cards companies, TRAI recommended that an itemized bill be provided to the subscribers.


Telecom
Why Jio service may benefit from 4G handset subsidies
Why Jio service may benefit  from 4G handset subsidies - Techradar India
Even as Reliance Industries doesn't intend to offer subsidies on its Reliance Jio Infocomm 4G handsets under the "LYF" brand, some concessions are certainly expected given the state of play in India's mobile phone and data market, global investment advisory CLSA has said in an analysis.


Telecom
MediaTek seeks to ride on 4G smartphones wave in India
MediaTek seeks to ride on 4G  smartphones wave in India - Times of India
​Taiwanese semiconductor company MediaTek said that it plans to bring its entire portfolio of LTE, VoLTE and VoWiFi-ready chipsets to the Indian market.​


Telecom
Vodafone to launch 4G in 4 circles, expand fast mobile broadband coverage to nine markets: CEO Sunil Sood
Vodafone to launch 4G in 4  circles, expand fast mobile broadband coverage to nine markets: CEO Sunil Sood - Economic Times
At present the countrys second-largest mobile carrier operates 4G services in Delhi, Kolkata, Mumbai, Karnataka and Kerala on the 1800 Mhz band.



Finance
Why Raghuram Rajan is right on helicopter money
Why Raghuram Rajan is right on  helicopter money - Livemint
If governments get a licence to expand spending, it may be difficult to stop them which can have damaging consequences in the long run


Finance
Kotak Mahindra announces rise in earnings, becomes 2nd most valued private bank
Kotak Mahindra announces rise  in earnings, becomes 2nd most valued private bank - Economic Times
The private lender which recently toppled ICICI Bank to emerge as Indias 2nd most valued private bank reported a 32% rise in its net profit for the quarter ended March 2016.


Finance
What is One employee-one EPF account?
What is One employee-one EPF  account? - Livemint
The scheme’s aim is to help employees consolidate past PF accounts, with the help of EPF authorities


Finance



Software
World Bank estimates the need for nearly a billion people to be online to push growth in India
World Bank estimates the need  for nearly a billion people to be online to push growth in India - Firstpost
Despite rapid spread of digital technologies in India, nearly a billion people still need to connect to the Internet for pushing growth, creating jobs and accessing public services, says a World Bank report.


Software
TCS getting big business from Indian Government : Worth about $250 million
TCS getting big  business from Indian Government : Worth about $250 million
"After projects like Passport, we have very experienced project managers who can work on the scale and complexity that working with the govt needs,” Chandrasekaran told ET.


Software
Nokia betting on India's e-commerce sector to grow analytics, applications business
Nokia betting on India's  e-commerce sector to grow analytics, applications business
The former handset maker is also building an IoT centre of excellence in Bengaluru, spending $10-30 million on the facility.


Software
D'Souza's Cognizant being overtaken by Sikka's Infosys after 13 years
D'Souza's Cognizant  being overtaken by Sikka's Infosys after 13 years - Economic Times
Sikka has led Infosys to the number one position in the IT space within 21 months of becoming the first non-founding CEO of the 35-year-old IT behemoth.



Ecommerce
Indian unicorns unwilling to bring in professional CEOs: Ex-Flipkart executive Punit Soni
Indian unicorns unwilling to  bring in professional CEOs: Ex-Flipkart executive Punit Soni - Economic Times
Indian unicorns are grappling with leadership challenges but are unwilling to bring professional chief executives on board.

Ecommerce
Arvind to take on e-tailers with Nnnow; builds a team of 200 people, including a 70-member tech team
Kulin Lalbhai's first big move towards reshaping Arvind's fashion empire is about to get tested. The younger son of textile tycoon Sanjay Lalbhai is ready to unveil Nnnow.com, a project that has been in the making for over a year, which intends to tap the growing digital influence of fashion shoppers in India.

Ecommerce
Oyo posts 15x growth in booked room nights in Jan-March quarter; claims to have 68,300 rooms across 5,855 partner hotels in India
Oyo Rooms currently claims to have 68,300 rooms across 5,855 partner hotels in India and targets to triple the inventory by 2016 end



HR
The Future Role Of Marketing: People Engagement
The Future Role Of Marketing:  People Engagement - Forbes
I spoke with Matt Preschern, executive vice president and chief marketing officer of HCL Technologies, about the increasing focus on people in the marketing and communications industries.


HR

HR
India-South Korea Pact for Development of Ports
A Memorandum of Understanding (MoU) was signed between the Ministry of Shipping of the Republic of India and the Ministry of Oceans and Fisheries of the


HR
Column: Make-in-India doing half its job
Column: Make-in-India doing  half its job - Financial Express
Around 60% of the FDI coming into India is in the form of private equity and isn’t creating jobs



Logistics
BIAL has unveiled new Playport, a recreation area for passengers at Kempegowda Airport, India
India-based Bangalore International Airport Limited (BIAL) has introduced the new Playport recreation area for passengers at Kempegowda International Airport, Bengaluru (KIAB).


Logistics
Indian Railways to revamp 400 stations into cities' new icons: Suresh Prabhu
Indian Railways  to revamp 400 stations into cities' new icons: Suresh Prabhu - Financial Express
Around 400 railway stations across the country will be revamped into iconic structures as a station is a starting point of any city and attracts maximum footfalls, Railway Minister Suresh Prabhu said today.


Logistics
Google Launches Free WiFi At 5 More Railways Stations
Google Launches Free WiFi At 5  More Railways Stations - Huffington Post India
With the launch at Ujjain, Jaipur, Patna, Guwahati, and Allahabad, the service is now available at 15 railway stations across the nation.


Logistics
New Mauritius tax treaty make it easier for money to flow in: Geoff Lewis, global market strategist
New Mauritius tax treaty make  it easier for money to flow in: Geoff Lewis, global market strategist
In an interview with ET, Hong Kong-based Lewis said Indias fundamentals remain strong and stocks that will benefit from Indias consumption story.



Construction
Mumbai builders to protest against Cidco after builder suicide
Mumbai builders to protest  against Cidco after builder suicide - ET Realty
“In the three years since NAINA came into being, there has been no clarity on how and when important building projects would be cleared. Only 26 pro..


Construction
Huda workers go on strike over house allotment faceoff in Gurgaon
Huda workers go  on strike over house allotment faceoff in Gurgaon - ET Realty
Huda has recently formed a committee to streamline the allotment of houses to its officials in Gurgaon. In the absence of a policy, many employees con..


Construction
Zenify raises $1 million from HNIs
Zenify raises $1 million from  HNIs - ET Realty
The company will use the funds to enhance its technology and analytic capabilities, along with entering new markets such as Mumbai and Delhi,


Construction
Property of tax defaulters to be seized by Ranchi civic body
Property of tax defaulters to  be seized by Ranchi civic body - ET Realty
"It was also decided in the meeting that if the defaulter has any bank account or any type of investment, RMC can seize it too to recover the holding ..



Marketing
Inside The Digital Marketing Strategy Of Vodafone For Vivo IPL 2016 : Report
Inside The  Digital Marketing Strategy Of Vodafone For Vivo IPL 2016 : Report - Lighthouse insights
September last year, the Strategy Analytics Survey report informed that India would overtake Japan to be the world’s 3rd largest 4G LTE market by 2016. It will also surpass U.S to be the worl…


Marketing
Will Chatbots Replace Apps? : Current Marketing Trends Say Yes
Will Chatbots Replace Apps? :  Current Marketing Trends Say Yes - The Content Standard by Skyword
Chatbots are replacing apps as ways for brands to provide digital service to customers, one of the major marketing trends in mobile-centric culture.


Marketing
Personalisation in Marketing : How brands can get it right
Personalisation in Marketing :  How brands can get it right - Forbes India
The ability to treat each consumer as unique and to tailor the marketing mix to appeal to her uniquely has always been a marketer's dream


Marketing
Dentsu Webchutney Wins Digital Creative Mandate of Hike
Dentsu Webchutney Wins Digital  Creative Mandate of Hike - Adage India
Account won following a multi-agency pitch



Politics
Hindu Outfit Prays For Donald Trump At Jantar Mantar, Hopes He Will Go To War With Pakistan
Hindu Outfit Prays For Donald Trump At Jantar Mantar, Hopes  He Will Go To War With Pakistan
"If Donald Trump wins it will be good for America, India and the humanity.” This could easily have been the Republican Party's presumptive presidential nominee own words during one of the f


Politics
Family matters: Tamil Nadu polls see plenty of political scions in the fray
Family matters: Tamil Nadu polls see plenty of political  scions in the fray
The kin of several leaders are testing their fortunes in the 16 May assembly elections in Tamil Nadu


Politics
My Caste Hindustani: AAP to launch campaign to bridge ‘caste divide’ in Haryana
My Caste Hindustani: AAP to launch campaign to bridge  ‘caste divide’ in Haryana
To bridge Haryana's "caste divide", AAP will launch 'My Caste Hindustani' campaign in the state and its 'Kranti March' will start from 14 May from Rohtak - the epicentre of Jat stir for quota earlier this year.


Politics
Tamil Nadu polls: Performance alone matters, says PMK’s Anbumani in response to ‘outsider’ tag
Tamil Nadu polls: Performance alone matters, says PMK’s  Anbumani in response to ‘outsider’ tag
PMK has mounted a strong counter-attack with its "performance alone matters" slogan against DMK which has targeted its nominee and party's chief ministerial candidate Anbumani Ramadoss terming him as an "outsider".



Sports
IPL 2016, RCB vs MI: After bowlers show, Kieron Pollard-Jos Buttler stand sinks RCB
IPL 2016, RCB vs MI: After bowlers show, Kieron Pollard-Jos  Buttler stand sinks RCB
Chasing 152 for a win, Kieron Pollard and Jos Buttler smashed unbeaten cameos of 35 and 29 respectively to share 55 runs from just 3.3 overs.


Sports
Sunrisers, Daredevils look to firm up playoff bid
Sunrisers, Daredevils look to firm up playoff bid
Delhi Daredevils and Sunrisers Hyderabad will face each other for the first time this season, and though they are in the top four of the IPL points table, a loss at this stage of the tournament will not be ideal


Sports
Mohammad Azharuddin feels it’s for MS Dhoni to make a call on retirement
Mohammad Azharuddin feels it’s for MS Dhoni to make a call on  retirement
According to Azhar, India do not have to look beyond Virat Kohli to lead the country in all forms of the game once MS Dhoni quits


Sports
Liverpool 1-1 Chelsea: Benteke rescues late draw
Read the full Liverpool v Chelsea match report, including goals, incidents, and much more. Have your say on the game in our comments feature.



Entertainment
Dwayne Johnson to honour Robin Williams in Jumanji reboot
Dwayne Johnson to honour Robin Williams in Jumanji reboot
Dwayne Johnson has vowed to honour the original film's star in the Jumanji reboot.


Entertainment
Irrfan Khan turns producer for Madaari
Irrfan Khan turns producer for Madaari
Irrfan Khan has ventured into production with his upcoming film Madaari.


Entertainment
Artist Reimagines Bollywood Actors As Avengers And It's Awesome
Artist Reimagines Bollywood Actors As Avengers And It's  Awesome
For every childhood hour spent fantasizing about the capers of Shaktimaan, the advent of slick, American superhero franchises were instant gratification for hardcore fans of the genre. Even though it


Entertainment
Alia Bhatt’s advice to Neetu Chandra on Bihari stereotype issue: Assuming things from trailer not always true
Alia Bhatt’s advice to Neetu Chandra on  Bihari stereotype issue: Assuming things from trailer not always true
Advising Neetu Chandra and other sceptics to watch the film before passing a judgement, Alia Bhatt said, "We always make assumptions before seeing the full film. Trailer is just a tease or hint."






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